Tata Power Company’s subsidiary -- Tata Power Renewable Energy (TPREL) has signed Power Delivery Agreement (PDA) with Neosym Industry (Neosym), a leading Gray & S.G. Iron casting, manufacturing company in India, for 26 MW AC Group Captive Solar plant.
The project, located at Jamkhed, Ahmednagar in Maharashtra with an anticipated electricity generation capacity of 59 million units annually will start from March 2024.The plant is expected to reduce around 32,500 tonnes of CO2 emissions annually. This substantial reduction in greenhouse gas emissions aligns with India's commitment to combat climate change and underscores TPREL and Neosym's joint commitment to environmental stewardship.
Tata Power Company is India’s largest integrated power company.
